Author Question: A small reduction in a country's growth rate is a concern to policy makers because A) a small ... (Read 185 times)

nmorano1

  • Hero Member
  • *****
  • Posts: 598
A small reduction in a country's growth rate is a concern to policy makers because
 
  A) a small change can have large effects on per capita GDP over time.
  B) a reduction usually leads to future reductions until finally the economy stagnates.
  C) policy makers focus too much on economic growth and not enough on increasing savings rates.
  D) the larger GDP is the better the economic welfare will be in the future.

Question 2

Graphically, the effects of an external cost can be shown as
 
  A) a leftward shift of the market demand curve.
  B) a leftward shift of the market supply curve.
  C) a downward movement along the market demand curve.
  D) a rightward shift of the market supply curve.



dominiqueenicolee

  • Sr. Member
  • ****
  • Posts: 314
Answer to Question 1

A

Answer to Question 2

B



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

About 100 new prescription or over-the-counter drugs come into the U.S. market every year.

Did you know?

People often find it difficult to accept the idea that bacteria can be beneficial and improve health. Lactic acid bacteria are good, and when eaten, these bacteria improve health and increase longevity. These bacteria included in foods such as yogurt.

Did you know?

Although puberty usually occurs in the early teenage years, the world's youngest parents were two Chinese children who had their first baby when they were 8 and 9 years of age.

Did you know?

Thyroid conditions cause a higher risk of fibromyalgia and chronic fatigue syndrome.

Did you know?

According to the National Institute of Environmental Health Sciences, lung disease is the third leading killer in the United States, responsible for one in seven deaths. It is the leading cause of death among infants under the age of one year.

For a complete list of videos, visit our video library